$2,750,000
Active
1 days on market
381 Manhattan Ave
📍 East Williamsburg, Brooklyn, NY 11211
7.0
Beds
5.0
Baths
1931
Year built
Co-op
Type
About this property
Prime Williamsburg Multifamily Investment Opportunity Introducing a rare opportunity to acquire a vacant 5-family building in the heart of Brooklyn. Situated on a generous 25' x 100' lot, this three-story property offers tremendous upside for investors, developers, or end-users seeking a value-add asset in a highly desirable neighborhood. The building is configured with 5 residential units, including a spacious 3 bedroom first-floor apartment with exclusive access to a private backyard, along with four 1-bedroom apartments—2 on the second floor and 2 on the third floor. All units are in good, livable condition, providing immediate usability while presenting an excellent opportunity
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Amenities & features
Key facts
Cosmetic renovations
Private backyard
2,500 sq ft lot
Property details
Property typeCo-op
Listing statusActive
Lot size2,500 sqft
Year built1931
Days on market1 days
MLS #RLS20104431
Estimated monthly payment
Listing price$2,750,000
Down payment (20%)$550,000
Loan amount$2,200,000
Principal & interest (7%, 30yr)$14,636/mo
Property tax (est.)$2,674/mo
Home insurance (est.)$1,145/mo
Estimated total$18,455/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.